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Mary is a grade 10 student.According to Canadian statistics, what is the likelihood she thinks she is "too fat"?
Margin of Safety Percentage
A financial metric indicating the amount by which sales can drop before reaching the break-even point.
Fixed Expenses
are costs that do not fluctuate with the level of production or sales, such as rent, salaries, and insurance premiums.
Contribution Margin
The amount of revenue remaining after deducting variable costs, used to cover fixed costs and generate profit.
Variable Expenses
Costs that change in proportion to the level of production or sales activity.
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